Is travel finally back?Report charts record travel rebound

The pandemic and subsequent recovery have hammered the global travel industry. At first, the collapse in demand led to mass layoffs by cruise lines, airlines, hotel groups and other businesses that depend on travel. Once the health risks receded, the sudden increase in demand caught many travel businesses off guard. Supply chain issues, soaring energy costs, severe delays and understaffing have contributed to months of traveler misery that has only recently eased.

Despite the bumpy roads, travelers are apparently not intimidated by their travels, according to a new report on the surprising strength of the travel industry.

Travel surpasses pre-pandemic highs

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button